[gillianh]

Hi Mike,

yes i understand what you are saying. I am still at the thinking stage ,but if if go ahead with the 3 and think its too much will drop P3 as do not want to jeopardise the other 2.

Just needed a bit of guidance.

Thanks for your advise.

Gill

[gillianh]

Hi John,

Yes i will get a new exam kit with the updated exam format and will use you revision kit when uploaded.

Thanks

Gill

[gillianh]

Thanks John on your guidance.

I will certainly not jeapordise F9 and P2, so if its too much will drop P3 without hesitating. I am still at thinking stage and just needed help really on making the decision.

I will contact you if i come across any difficulties in my F9 studies.

Many Thanks again.

Gill

[gillianh]

Thanks for explaining the difference, finally getting there.

[gillianh]

Hi john,

Many thanks for your promt reply.

So do both discount rates money and real include the general rate of inflation in the cost of capital?

Is the difference between them is tat nominal cash flows include specific rates of inflation in calculation of cash flows and discounted at nominal DF ( which includes general inflation) versus real rate which cash flows don’t include inflation and discounted at real rate which include general rate of inflation?

Sorry-I find the rest of f9 ok just this part puzzles me for some reason!

[gillianh]

thanks for your reply, I will focus more on where the points are this time

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